Stocks making the biggest moves before the bell: U.S. Steel, Tesla, Urban Outfitters and more

— The clothing retailer shed 2.5% following a downgrade by Citi to neutral from buy.

While the Wall Street firm expects an earnings beat when Urban Outfitters reports next week, it believes the risk/reward is more balanced at current levels. The Urban Outfitters brand will be slower to turn around, ultimately limiting possible upside to earnings per share, the firm wrote.

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